Hi there. Over the next few weeks, I’ll be making some changes to this newsletter. You may have noticed I finally gave it a name: The Brand Strategy Brief. Soon, I’ll be moving off the Beehiiv platform and back to Kit. Beehiiv is a great newsletter platform. I love the interface. And it’s the best option if you’re looking to monetize your newsletter through sponsorships. But, I’m not. And, unfortunately, Beehiiv lacks a lot of functionality in other areas if that isn’t your goal. So, the format may start to look a bit different soon. Making these changes got me thinking: “If someone only had 30 minutes, what would I recommend to give someone a solid foundation to get the most out of their brand strategy?” So, today, I’d like to share some of the best resources I’ve created to help you gain a strong foundation in the fundamentals of using brand strategy to boost customer preference and win market share:
Because one of the biggest challenges in brand strategy is making sure these fundamentals are present in every strategy. It’s tempting to replicate the success of a flashy new brand like Liquid Death or a well-established juggernaut like Coca-Cola. But what inevitably happens is that you end up with surface-level mimicry: tactics that seem clever but are disconnected from your strategy. And that puts your brand in a perilous position, with execution that isn’t relevant to your company or customers. I saw this firsthand consulting Kohl’s during the Great Recession. Macy’s and JCPenney tried to copy us. But they didn’t have the same understanding of our customers, the market, and how the tactics supported strategies tied to specific business goals. They did a lot of things that looked like us. But they lost market share. Here’s the thing: brand strategy only works when you stop thinking of brand goals as something separate from business goals. But when you see the brand strategy as a way to change customer preference in service of business goals, you start to see where there are opportunities for gaining market share. And you can clearly see how to apply insights across teams and get everyone working in the same direction with greater confidence. So, here are some resources to lay that foundation:
But don’t just read these newsletters and file them away. Instead my challenge to you is this: start with one of them, pick something that resonates, and apply it to your work this week. Because you can’t boost customer preference and gain market share by knowledge alone. You have to do it by putting these foundational principles into practice. So keep refining your strategy, keep digging into these weekly newsletters, and don’t forget to put these insights, strategies, and tactics into practice. Onward |
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